Metro’s Aqua line linking Noida and Greater Noida opens for public
NEW DELHI: The much-awaited metro rail linking the twin-cities of Noida and Greater Noida in Gautam Buddh Nagar was opened for the public on Friday by Uttar Pradesh Chief Minister Yogi Adityanath. The rail corridor, also known as the Aqua Line, would run between Sector 71 station in Noida and the Depot Station in Greater […]
Sunil Mittal, other leaders pledge support to ‘digital declaration’ at World Economic Forum
NEW DELHI: Bharti Airtel Chairman Sunil Bharti Mittal joined hands on Thursday with several other global business leaders to pledge support to a ‘Digital Declaration” at the WEF (World Economic Forum) Annual Meeting here, committing to act ethically and responsibly in the digital age. The declaration was launched by GSMA, an industry body of mobile […]
Indya launches its sixteenth offline store in New Delhi
NEW DELHI: High Street Essentials Pvt Ltd (HSE) announced the launch of their sixth exclusive Indya outlet in New Delhi, India. The overwhelming love and support received by the brand in Delhi, Mumbai, Chennai, Bangalore, Chandigarh and Pune has led to the arrival of the brand’s sixteenth store in V3S Mall Laxmi Nagar, G-25, Ground […]
Nitin Gadkari to lay foundation stone for another project to decongest Delhi
NEW DELHI: India’s Road Transport & Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari will lay the foundation stone for the development of a six-lane, access controlled corridor from Akshardham in East Delhi to the Eastern Peripheral Expressway junction on Baghpat Road on the 26th of January . The function […]
PNB Housing Finance reports 32% rise in Q3 net profit to Rs 303 crore
NEW DELHI: PNB Housing Finance on Thursday reported a 32 per cent rise in consolidated net profit at Rs 303 crore in the third quarter ended December 2018. Its net profit was Rs 229.5 crore in the corresponding quarter a year ago, PNB Housing Finance said in a statement. Total income of the housing finance […]
Reliance Communications says will not be paying Rs 375 crore to NCD holders
NEW DELHI: Debt-ridden telecom firm Reliance Communications Wednesday said it will not be paying the fourth installment of Rs 375 crore principal amount on non-convertible debenture, which is due on February 7. In a regulatory filing, the company said it is working expeditiously to complete the process of asset sale, which is likely to be […]
Bharti Infratel settles tower exits with four operators for Rs 3,800 crore
NEW DELHI: Telecom tower firm Bharti Infratel on Thursday said it has reached a settlement with four operators, including Vodafone Idea, that exited from its cell sites before the expiry of their contracts at a payment of around Rs 3,800 crore. The payments include one-time charge of Rs 2,000 crore and rental of around Rs […]
Dr Reddy’s launches injection for anesthesia and sedation in US market
NEW DELHI: Dr Reddy’s Laboratories Thursday announced the launch of Propofol Injectable Emulsion, used for induction of general anesthesia and sedation in intensive care units, in the US market. Propofol Injectable Emulsion is a therapeutic equivalent generic version of Diprivan (Propofol) Injectable Emulsion,” the company said in a BSE filing. Dr Reddy’s said it uses […]
Tamil Nadu eyes $15 billion investments in aerospace, defence sectors in 15 years
CHENNAI: The Tamil Nadu government is eyeing investments worth $15 billion in the aerospace and defence sectors in the next 15 years to make the state a preferred hub for the two industries. This was revealed in the ambitious aerospace and defence policy unveiled by Defence Minister Nirmala Sitharaman on the inaugural day of the […]
Air India Express to start first direct Sharjah-Surat flight service from February 16
DUBAI: Air India Express will launch its first direct flight service from Surat to Sharjah on February 16 and will also expand services from Gulf to Kannur in Kerala. The carrier, the international budget arm of Air India, will deploy Boeing 737-800 NG aircraft on this route. The flight will depart from Sharjah at 7:35 […]
CBI registers FIR in ICICI Bank-Videocon loan case
NEW DELHI: The CBI has registered an FIR in connection with alleged irregularities in the Rs 3,250 crore ICICI Bank-Videocon loan case and is carrying out searches Thursday at the group headquarters in Mumbai and offices in Aurangabad, officials said. The search operation started Thursday morning and also covered offices of Nupower, a company operated […]
Mercedes-Benz forays into luxury MPV with V-Class: Check prices, features
NEW DELHI: German auto major Mercedes-Benz on Thursday made a foray into the luxury multi-purpose vehicles segment in India with the launch of its V-Class at a starting price of Rs 68.40 lakh. The V-Class will be available in both six-seater long-wheelbase (Exclusive) and seven-seater extra-long-wheelbase (Expression) variants, Mercedes-Benz India said in a statement. While […]
Didn’t receive any reference on relaxing rules in Jet Airways matter: Sebi
NEW DELHI: Markets watchdog Sebi on Thursday said it has not received any reference on relaxation in rules regarding Jet Airways. The regulator’s statement comes amid reports that relaxations have been sought by Gulf carrier Etihad for infusing additional funds into crisis-hit Jet Airways, which is listed on the exchanges. In its brief statement issued […]
JMC Projects bags orders worth Rs 507 crore
NEW DELHI: Civil engineering and construction firm JMC Projects (India) on Wednesday said it had secured orders worth Rs 507 crore in the domestic market. The company has received residential and commercial projects in South India totalling Rs 507 crore, JMC Projects said in a BSE filing. “With these new orders, our total order inflow […]
Maruti launches new WagonR at Rs 4.19 lakh
NEW DELHI: The India’s largest carmaker Maruti Suzuki India (MSI) Wednesday launched a new version of its hatchback WagonR priced between Rs 4.19 lakh and Rs 5.69 lakh (ex-showroom). The new WagonR comes with a new 1.2 litre petrol engine option along with another choice of 1 litre powertrain. It also comes with an automatic […]
Air India plans to enter leisure travel space with packaged holidays
NEW DELHI: Debt-ridden national carrier Air India is planning to enter the holiday packages business to enhance its share in the fast-growing leisure travel segment. The airline has floated global bids for selecting a service provider for this purpose. Besides international carriers, most domestic airlines, including the budget carriers, also offer tailor- made holiday packages […]